NEW YORK, January 30 (FinanceEnquiry.com) - Analyst Kenneth
Leon of S&P Capital IQ reiterates his BUY rating on the shares of
Evercore Partners (NYSE: EVR) ,while adjusting his estimates for the company. The
12-month target price is set to $34.



In a research note published this morning, S&P Capital IQ reduces its Q4
EPS estimate for Evercore Partners from $0.39 to $0.33, ahead of the results to
be declared on Thursday. The analyst, however, raises his EPS estimate for 2012
from $1.98 to $2.24, as he sees see improved market conditions for M&A
advisory fee services as evident by the strong report from Greenhill (GHL 48,
Hold) last week. S&P Capital IQ introduces 2013 EPS estimate at $2.93.